Saturday, January 23, 2010

Credit Swaps Rise Most Since June Amid Regulatory Uncertainty

http://www.bloomberg.com/apps/news?pid=20601087&sid=av5t66ZC8Ik4&pos=3

Credit-default swaps on the Markit CDX North America Investment-Grade Index Series 13, which is linked to 125 companies and used to speculate on creditworthiness or to hedge against losses, climbed 12.7 basis points this week to 96.2 basis points, according to CMA DataVision prices. An increase in the index signals a decline in investor confidence.

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